EZ Traders Forum

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Crown Financial Group, Inc. Announces Cessation of Market Making Activities

JERSEY CITY, N.J., Feb. 22 /PRNewswire-FirstCall/ -- Crown Financial Holdings, Inc., (the "Company," Pink Sheets: CFGI.PK) today announced that Crown Financial Group, Inc. ("Crown"), the broker dealer subsidiary of the Company, has ceased market making activities while the Company continues to seek financing from a strategic investor or investors.

While Crown regrets inconveniencing its customers in this manner, the goal has been to do so in as an orderly manner as possible. To that end, Crown had previously voluntarily contracted its trading activities and had requested their valued customers to cancel all open orders and cease routing order flow to Crown.

While Crown hopes to resume market making activities in the near future, regrettably, there is no assurance that we will be successful in achieving our objective. Crown and its employees would like to express our heartfelt thanks to our trading partners for the business you have entrusted in Crown.

Questions regarding this press release should be forwarded to Mr. Robert Thornton at [phone] x246 or Mr. Phillip Frank at [phone] x386.